The People’s Bank of China (PBOC) was likely attempting to provide “overriding stability” ahead of the 19th Community Party Congress on Oct. 18, one market watcher said PBOC governor Zhou Xiaochuan told financial magazine Caijing…
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China’s economic achievements since 18th CPC national congress
China’s 2016 GDP of $11.2 trillion accounted for 14.8 percent … Thanks to reforms to simplify business registration and streamline approvals, the number of new companies registered in 2014-2016 totaled 13.62 million, an annual increase…
Soon, another IPO billionaire in China
Founder of online lender worth at least US$1.2b after US listing BEIJING • Surging valuations for Chinese fintech start-ups are about to turn micro-lending tycoon Min Luo into the country’s latest IPO billionaire. Mr Luo,…
World’s Most Powerful National Brands: Canada Rises To #7
China’s growth on the brand metric has been meteoric. The value of its brand grew 44 per cent in a year, to US$10.2 trillion, compared to just two-per-cent growth for the U.S. brand. Watch: Canada…
Follow me: Luxury brands turn to social media to connect with customers
told the South China Morning Post in an interview on Tuesday during a visit to Hong Kong. Jacobson, who was the eighth employee to join Facebook, said the risk for luxury brands in using social…
China leads the world with fastest growing nation brand: study
China is the fastest growing nation brand in absolute terms, rising in value by $3.1 trillion in a year, according to a new report. The increase is equal to the entire nation brand value of…
State-run funds to get privilege investing in China IPOs
China’s state-run mutual and pension funds will have privileged access to the offline allotment of all initial public offerings (IPOs) in the mainland, thanks to the latest amendment to the securities issuance and underwriting rules.…
China’s Top Anime Streaming Site Is Said to Plan IPO in U.S.
Animation streaming site plans to seek at least $200 million Bilibili, China’s top online platform for streaming Japanese animation, is planning a U.S. initial public offering that could raise at least $200 million, according to…
Costa banks on rising demand for coffee in China as it buys out partner
Costa Coffee hopes to feed growing demand for caffeine in China after spending £35m on the remaining stake of one of its joint ventures in the country. Whitbread, which owns the coffee chain as well…
China Hastens the World Toward an Electric-Car Future
This, however, would be on a different scale. If China succeeds — and there is no guarantee — Beijing’s policy makers will be front and center reimagining the global auto industry, a business that has…
Taiwan president pledges to defend freedoms despite China pressure
TAIPEI (Reuters) – President Tsai Ing-wen vowed on Tuesday to defend Taiwan’s freedom and democracy amid growing pressure from giant neighbour China, using a National Day speech to warn that the self-ruled island would not…
Business-to-Consumer E-commerce Market in China 2017-2021
Online sales of products including apparel, footwear, accessories, consumer electronics and electricals, cosmetics, and food and beverages to individual customers are considered the business-to-consumer (B2C) e-commerce market. The business-to-consumer e … ( read original story…
Airbnb rival in China raises $300 million
Airbnb’s biggest rival in China, Tujia.com, has raised $300 million to fund a rapid expansion and ride a surge in Chinese families taking holidays around the world. Online travel giant Ctrip.com International and All-Stars Investment…
